|Exchange:||NASDAQ national market|
|Stock:||Sirius XM Radio Inc|
|Industry:||Broadcasting - Radio|
|Sirius XM Holdings Inc., formerly, Sirius XM Radio Inc. was incorporated in Delaware on May 21, 2013. The Company broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems: the SIRIUS system and the XM system.The Company controls and communicate with its satellites from facilities in North America and maintain earth stations in Panama and Ecuador to control and communicate with several of Sirius satellites. The Company currently owns a fleet of ten orbiting satellites, five in the Sirius system, FM-1, FM-2, FM-3, FM-5 and FM-6, and five in the XM system, XM-1, XM-2, XM-3, XM-4 and XM-5. Subscribers can also receive certain of its music and other channels over the Internet. Its satellite radios are primarily distributed through automakers (‘OEMs’); nationwide through retail locations; and through its websites. SIRIUS and XM radios are also offered to customers of rental car companies. Each platform offers an extensive selection of music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin and classical. Within each genre, it offers formats, styles and recordings. It sells satellite radios directly to consumers through its website. Satellite radios are also marketed and distributed through national and regional retailers. The Company develops in-store merchandising materials and provides sales force training for several retailers. It designs, establish specifications for, source or specify parts and components for, and manage various aspects of the logistics and production of SIRIUS and XM radios. The Company faces significant competition for both listeners and advertisers, traditional AM/FM radio, among others. SIRIUS has registered and intends to maintain, the trademark ‘SIRIUS’ and the ‘Dog design’ logo with the United States Patent.|
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